GRP

Why is GRP Ltd falling/rising?

As of 29-Jul, GRP Ltd's stock price is at 1,973.85, down 1.11% and underperforming its sector. The stock has seen consecutive declines, a significant drop in investor participation, and is currently below its 5-day moving average, indicating short-term weakness.

As of 29-Jul, GRP Ltd's stock price is falling, currently at 1,973.85, reflecting a change of -22.25 (-1.11%). The stock has underperformed its sector by -3.68% today and has experienced consecutive declines over the last two days, resulting in a total drop of -3.26% during this period. Additionally, the stock touched an intraday low of Rs 1956.15, which is a decrease of 2%.<BR><BR>Investor participation has also decreased significantly, with delivery volume on 28 July falling by -68.1% compared to the 5-day average. Although the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average, indicating short-term weakness. Overall, these factors contribute to the current decline in GRP Ltd's stock price.

Which are the latest news on GRP?

Are GRP Ltd latest results good or bad?

GRP Ltd's Q1 FY27 results show a strong net profit increase of 140% year-on-year and a 26.73% revenue growth, but these improvements are overshadowed by a significant 90% profit decline in FY26 and high valuation concerns, suggesting caution moving forward.

GRP Ltd's latest results for Q1 FY27 present a mixed picture. On one hand, the company achieved a net profit of ₹4.20 crores, which is a remarkable 140% increase year-on-year, and revenue growth of 26.73% compared to the same quarter last year. Additionally, the operating margin improved to 10.78%, marking the highest level in eight quarters.<BR><BR>However, these positive quarterly results come against a backdrop of significant challenges. The company experienced a substantial decline in profitability in FY26, with net profit plummeting by 90% from ₹30 crores in FY25 to just ₹3 crores. Furthermore, FY26 saw a slight revenue contraction of 2.70%. The high price-to-earnings ratio of 247 times indicates that the market may be pricing in expectations that the company has yet to meet, raising concerns about its valuation.<BR><BR>Overall, while GRP Ltd's Q1 FY27 results show strong sequential and year-on-year improvements, the broader context of declining annual performance and high valuation multiples suggests caution. The company is facing structural challenges that could undermine its recent gains.

Should I buy, sell or hold GRP Ltd?

How big is GRP?

As of 10th June, GRP Ltd has a market capitalization of 920.00 Cr, with recent net sales of 535.34 Cr and a net profit of 3.22 Cr. The latest balance sheet shows shareholder's funds of 191.63 Cr and total assets of 411.98 Cr.

As of 10th June, GRP Ltd has a market capitalization of 920.00 Cr, classified as a Micro Cap.<BR><BR>In the latest 4 quarters, GRP Ltd reported Net Sales of 535.34 Cr and a Net Profit of 3.22 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 191.63 Cr and Total Assets of 411.98 Cr.

Who are in the management team of GRP?

The management team of GRP includes Rajendra V Gandhi (Chairman & Managing Director), Harsh R Gandhi (Joint Managing Director), and several independent directors: Rajeev M Pandia, Saurabh Shah, Vivek Gul Asrani, and Anshul Mittal, along with Hemal Gandhi (Whole-time Director) and Jyoti Sancheti (Company Secretary & Compliance Officer).

The management team of GRP includes the following members:<BR><BR>1. **Rajendra V Gandhi** - Chairman & Managing Director<BR>2. **Harsh R Gandhi** - Joint Managing Director<BR>3. **Rajeev M Pandia** - Independent Director<BR>4. **Saurabh Shah** - Independent Director<BR>5. **Jyoti Sancheti** - Company Secretary & Compliance Officer<BR>6. **Vivek Gul Asrani** - Independent Director<BR>7. **Hemal Gandhi** - Whole-time Director<BR>8. **Anshul Mittal** - Independent Director<BR><BR>If you need more information about their roles or contributions, feel free to ask!

Who are the peers of the GRP?

GRP's peers include Tinna Rubber, Borosil Scienti., Wendt India, Sejal Glass, Shree Refrigerat, L. T. Elevator, Belding India, and JTL Defence. GRP has average management risk and growth, with a 1-year return of -42.79%, the lowest among its peers, while Sejal Glass leads with a 1-year return of 38.64%.

Peers: The peers of GRP are Tinna Rubber, Borosil Scienti., Wendt India, Sejal Glass, Shree Refrigerat, L. T. Elevator, Belding India, and JTL Defence.<BR><BR>Quality Snapshot: Excellent management risk is observed at Tinna Rubber, L. T. Elevator, and the rest. Good management risk is found at Wendt India and Shree Refrigerat, while Average management risk is present at GRP. Below Average management risk is noted at Borosil Scienti., Sejal Glass, Belding India, and JTL Defence. Excellent growth is seen at Tinna Rubber and L. T. Elevator, while Average growth is found at GRP, Wendt India, and Shree Refrigerat. Below Average growth is noted at Borosil Scienti., Sejal Glass, Belding India, and JTL Defence. Average capital structure is observed at Tinna Rubber, Shree Refrigerat, and the rest, while Below Average capital structure is present at GRP and Sejal Glass. Excellent capital structure is noted at Borosil Scienti. and L. T. Elevator, while Good capital structure is found at Wendt India and Belding India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sejal Glass at 38.64%, while the lowest is GRP at -42.79%. GRP's 1-year return is significantly lower than all its peers. Additionally, the six-month return is negative for Wendt India, Sejal Glass, and GRP.

What does GRP do?

GRP Ltd manufactures reclaim rubber from scrap materials and operates as a Micro Cap company. As of March 2026, it reported net sales of 145 Cr and a net profit of -1 Cr, with a market cap of INR 920 Cr.

Overview:<BR>GRP Ltd is engaged in the manufacturing of reclaim rubber from scrap materials and operates within the Industrial Products sector, classified as a Micro Cap company.<BR><BR>History:<BR>GRP Ltd was incorporated in June 1974 and was formerly known as Gujarat Reclaim and Rubber Products Limited. The company changed its name to GRP Limited on June 21, 2012. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 145 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 920 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 209.00<BR>- Industry P/E: 63<BR>- Dividend Yield: 0.83%<BR>- Debt Equity: 1.08<BR>- Return on Equity: 2.43%<BR>- Price to Book: 5.20<BR><BR>Contact Details:<BR>- Address: Plot No 8 GIDC Estate, Ankleshwar Bharuch Gujarat : 393002<BR>- Tel: 91-2646-251204/250471<BR>- Email: investor.relations@grpweb.com<BR>- Website: http://www.grrpl.com; www.grpweb.com

When is the next results date for GRP Ltd?

The next results date for GRP Ltd is 15 May 2026.

The next results date for GRP Ltd is scheduled for 15 May 2026.

Is GRP overvalued or undervalued?

As of December 2, 2025, GRP is fairly valued with a PE ratio of 35.83 and an EV to EBITDA of 17.66, despite a year-to-date return of -43.26%, indicating it is not overvalued compared to peers like Apcotex Industries and Cupid.

As of 2 December 2025, the valuation grade for GRP has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 35.83, an EV to EBITDA of 17.66, and a ROE of 15.20%. In comparison, its peer Apcotex Industries, which is also rated as fair, has a lower PE ratio of 30.63 and an EV to EBITDA of 14.97, while Cupid is categorized as very expensive with a PE ratio of 153.64, highlighting the relative valuation of GRP within its industry.<BR><BR>Despite recent underperformance, with a year-to-date return of -43.26% compared to the Sensex's 8.96%, GRP's financial metrics suggest it is not overvalued. The company's PEG ratio stands at 3.10, indicating that growth expectations may be factored into its current valuation. Overall, GRP appears to be fairly valued in the context of its peers and industry standards.

Is GRP technically bullish or bearish?

As of December 2, 2025, GRP's technical trend has shifted to a moderate bearish stance, supported by bearish momentum in the MACD, confirming moving averages, and Bollinger Bands, despite a mildly bullish KST on the weekly chart.

As of 2 December 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for GRP is bearish with a moderate strength. Key indicators driving this stance include the weekly MACD showing bearish momentum, daily moving averages confirming a bearish trend, and Bollinger Bands indicating bearish conditions on both weekly and monthly time frames. Additionally, the Dow Theory reflects a mildly bearish outlook on both weekly and monthly charts. Despite the KST showing mildly bullish on a weekly basis, the overall sentiment remains bearish due to the prevailing indicators.

How has been the historical performance of GRP?

GRP has shown consistent growth in net sales and profitability, with net sales increasing from 388.42 Cr in Mar'22 to 550.45 Cr in Mar'25, and profit after tax rising from 5.76 Cr to 30.70 Cr during the same period. Key metrics indicate enhanced operational efficiency and a strong upward trend in financial performance.

Answer:<BR>The historical performance of GRP shows a consistent growth trajectory in net sales and profitability over the past several years.<BR><BR>Breakdown:<BR>GRP's net sales have increased from 388.42 Cr in Mar'22 to 550.45 Cr in Mar'25, reflecting a strong upward trend. Total operating income has followed a similar pattern, rising from 388.42 Cr in Mar'22 to 550.45 Cr in Mar'25. The company's total expenditure, excluding depreciation, has also grown, reaching 482.38 Cr in Mar'25 from 365.22 Cr in Mar'22. Operating profit, excluding other income, has improved significantly, from 23.20 Cr in Mar'22 to 68.07 Cr in Mar'25, indicating enhanced operational efficiency. Profit before tax has surged from 7.44 Cr in Mar'22 to 42.93 Cr in Mar'25, while profit after tax has increased from 5.76 Cr to 30.70 Cr in the same period. The company's total assets have expanded from 295.75 Cr in Mar'22 to 411.98 Cr in Mar'25, and total liabilities have also risen from 295.75 Cr to 411.98 Cr. Cash flow from operating activities has shown improvement, increasing from 1.00 Cr in Mar'22 to 44.00 Cr in Mar'25, while net cash inflow has turned positive, reaching 1.00 Cr in Mar'25. Overall, GRP's financial performance demonstrates a robust growth trend across key metrics.

Who are the top shareholders of the GRP?

The top shareholders of GRP include Nayna Rajendra Gandhi with 4.09%, Meera Philip as the highest public shareholder at 6.12%, and individual investors holding 45.28%. There are also four foreign institutional investors with a combined 0.05% and no pledged promoter holdings reported.

The top shareholders of GRP include Nayna Rajendra Gandhi, who is the promoter with the highest holding at 4.09%. The highest public shareholder is Meera Philip, holding 6.12%. Additionally, individual investors collectively hold 45.28% of the shares. There are also four foreign institutional investors (FIIs) with a combined holding of 0.05%, and one mutual fund scheme that holds 0.0%. Notably, there are no pledged promoter holdings reported.

What is the bonus history of the GRP?

The bonus history of GRP includes a recent 3:1 bonus issue, with an ex-date of August 12, 2024, allowing shareholders to receive three new shares for every one share held as of that date.

The bonus history of GRP includes a recent announcement of a 3:1 bonus issue. The ex-date for this bonus is set for August 12, 2024. This means that shareholders will receive three new shares for every one share they currently hold as of that date.

Has GRP declared dividend?

GRP Ltd has declared a 375% dividend, amounting to 37.5 per share, with an ex-date of July 26, 2024. The company has shown strong total returns over various periods, including a remarkable 1876.32% total return over the last five years.

GRP Ltd has declared a 375% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 375%<BR>- Amount per share: 37.5<BR>- Ex-date: 26 Jul 24<BR><BR>Dividend Yield: 0.32%<BR><BR>Total Returns by Period:<BR>In the last 6 months, GRP Ltd experienced a price return of -4.41%, with no dividend return, resulting in a total return of -4.41%.<BR><BR>Over the past year, the company achieved a price return of 26.29% and a dividend return of 1.47%, leading to a total return of 27.76%.<BR><BR>In the two-year period, GRP Ltd saw a remarkable price return of 206.51% along with a dividend return of 5.80%, culminating in a total return of 212.31%.<BR><BR>For the three-year duration, the price return soared to 797.95%, while the dividend return was 19.85%, resulting in a total return of 817.8%.<BR><BR>In the four-year span, GRP Ltd recorded a price return of 1007.69% and a dividend return of 26.94%, achieving a total return of 1034.63%.<BR><BR>Over the last five years, the company experienced an extraordinary price return of 1835.74% and a dividend return of 40.58%, leading to a total return of 1876.32%.<BR><BR>Overall, GRP Ltd has declared a substantial dividend, and the total returns over various periods indicate strong performance, particularly in price returns, suggesting a robust growth trajectory for the company.